Mercantile (Ordinary Share) MRC

UK Growth

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Estimated NAV

2286.00

Share Price

1982.00

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Mercantile (Ordinary Share) Price 47.39%
Mercantile (Ordinary Share) NAV 45.82%
FTSE 250 ex Inv Trusts 35.39%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 1993.0 -12.8% 2286.00 2298.00
16 Aug
111% 2.31%

Discrete performance % over

Fund / BenchmarkSep '14
Aug '15
Sep '15
Aug '16
Sep '16
Aug '17
Mercantile (Ordinary Share) Price22.11-1.2222.20
Mercantile (Ordinary Share) NAV21.07-0.9821.63
FTSE 250 ex Inv Trusts16.362.1813.87

Discrete performance over

Discrete Performance

Top 10 Holdings

D S Smith PLC 2.90%
Spirax-Sarco Engineering PLC 2.25%
Bellway PLC 2.15%
Just Eat 2.15%
Inchcape Plc 2.04%
Halma 1.93%
Intermediate Capital Group 1.93%
Melrose Industries PLC 1.93%
Auto Trader 1.93%
Phoenix Group Holdings 1.82%

Sectors weighting

General Industrials 29.20%
Consumer Services 23.90%
Finance - General 21.00%
Consumer Goods 8.20%
Net Current Assets 6.80%
Technology 4.10%
Materials 2.40%
Healthcare 2.30%
Oil & Gas 1.30%
Utilities 0.50%
Telecommunications 0.30%

Regional weighting

UK 94.00%
Cash/Cash Equivalent 6.00%
  • Investment trust info:

  • Sector UK Growth
  • Launch Date 08 Dec 1884
  • Currency GBX
  • Domicile UK
  • Share Price 1982.00
  • Share Type Ordinary Share
  • TIDM MRC
  • ISIN GB0005794036
  • Shares Issued (M) 83
  • Market Capital (£M) 1655.53
  • Gross Assets (£M) 2099.42
  • Net Assets (£M) 1898.90
  • TER (%) 0.50
  • Historic Dividend Yield (%) 2.31
  • Last AGM 25 May 2017
  • Next AGM 25 May 2018
  • Last Annual Report Date 10 Apr 2017
  • Next due Report Date 31 Jul 2017
  • Next due Report Type I/R
  • Objective:

    To achieve long-term capital growth from a UK portfolio of medium and smaller companies with dividend at least in line with UK inflation.

  • Management Group(s):

  • J.P. Morgan Fleming Asset
  • JP Morgan Asset Management (UK) Ltd
  • JPMorgan Asset Management (UK) Ltd
  • JPMorgan Funds Limited
  • Managed by:

  • Anthony Lynch Start: 31 Dec 2009
  • Guy Anderson Start: 01 Aug 2012
  • Martin Hudson Start: 01 Jan 1994
  • Management Contract & Fees:

    Management agreement with JPMorgan Funds Limited terminable on 6 months' notice. The management fee is paid monthly in arrears and is equal to 0.475% p.a. of the Company's market capitalisation and it will further reduce to 0.45% with effect from 01-Feb-18.